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University projects $100 million loss in revenue in upcoming fiscal year, after $44 million loss in revenue for current fiscal year
Observer Staff Report | Sunday, June 21, 2020
For the upcoming fiscal year beginning July 1, 2020 and ending June 30, 2021, the University is projecting a $100 million loss in revenue compared to the original budget plans, according to a letter to the Notre Dame community Monday. These losses will be due to “increased financial aid expenditures, flat endowment payout, lower auxiliary